Noted

maybe dis will make people stop relying too much on it.
our oyel our oyel
smh

Only God will help us. And yet some idiots think that stove is our probleme. May God deliver us in this nation.

...and our notes keep suffering, going downward towards being worthless.



Maybe next they'll usher in 5,000 and 10,000 notes to help us cope.

dreydee:


Must you always taste front page

Thats how we roll brova

ok...lets be more proactive as a nation, we just need to start serious diversification of the economy.
*back to my french class*





in france, we dnt skip classes

yes

This is not Good for our Politicians.
May God Help The Youth and the Unborn................................

Hmm end time tinz......

Ebubeslym:



diariz god oooo

You are suffering frm phenegonoriologic tneasmeridia

When your bank account is Red buh spending excessively....if we had saved more and spent less

iceberylin:
One Good man to save us,we cant find

we don't need one good man. we need one good people and we are not good in every sense of the word

Let it fall even below $30, make our yeye politicians and unserious Nigerians get sense. The price of oil has been over $100 for years now, far above our budget benchmark yet no meaningful savings for the rainy days. Some unscrupulous elements will come here and start shouting GEJ till 2019.

Abeg make dollar reduce o..G.E.J DO SOMETHING .boys aint smiling with 177naira to a dollar.

iceberylin:

Thats how we roll brova

Yes oo

Whizzdom:


You are suffering frm phenegonoriologic tneasmeridia

and you think u made sense?

Let it even crash to $15 per barrel, let me see what will entice those politicians!

davodyguy:
with the election coming and Jonathan who spends money anyhow on campaign, Nigeria is in big trouble

Trouble too small... Na gbege we dey!!!

Whizkel:
Abeg make dollar reduce o..G.E.J DO SOMETHING .boys aint smiling with 177naira to a dollar.

As at yesterday, it was 186naira to a dollar

The price should fall to $1 per barrel.., this is my prayer..

voltron:


we don't need one good man. we need one good people and we are not good in every sense of the word

One good people.

Franchise21:
As at yesterday, it was 186naira to a dollar

. Chai. It has really discouraged me from shopping. CHRISTMAS IS AT HAND.

Fine

They declared few months ago that we were Africa's largest economy with indices based mostly on non oil sectors of the economy, few weeks later we were told to prepare for Austerity measures because oil prices went down.
At least the world is seeing their blatant declarations of falsehood

The whole money made over the years from excess crude gains should have been enough to diversify the economy, the Nigerian government is never prepared for anything. Even as Champions of Africa in soccer, they weren't prepared to appear and defend the trophy.

The annoying part is that the effects will all fall back on the poor masses.

The same oil now is what we can't even refine on our own, so we will sell oil cheap and import expensive refined oil.

God will judge ooooooo !!!!!

Whizkel:
Abeg make dollar reduce o..G.E.J DO SOMETHING .boys aint smiling with 177naira to a dollar.

He will set up a committee to look into the matter as usual. Useless Govt

OH, Low Brains.
Some years back, there was flood everywhere. I still remember that these were the people that cried woof, that Nigerians will die of hunger. Did any one die of hunger? Even if Oil prices drop to $1 today, Nigeria that i know will survive. You guys fail to understand one thing about Nigeria, and that is why you can say anything without thinking. Sorry.....But THERE IS GOD IN THIS COUNTRY!

Oil will be sold for $50/barrel next year.Which should be a good news for Nigerians.

officenmore:
The country economy heavily depends on oil & petroleum. Also for other industries in Nigeria oil & petroleum is the big boon. But this should be taken as a lesson as well that depending only on one industry will not help the economy in a long run. The country needs other small, medium and big businesses.

Office Solutions in Abuja

Am telling you.for goodness sake we were warned on this over five years ago and advised to harness other revenue sources such as agriculture but I guess the greed and selfishness of our politicians didn't enable them see beyond their nose tips

davodyguy:
with the election coming and Jonathan who spends money anyhow on campaign, Nigeria is in big trouble

There are just too many CLUELESS zombies in our country with plenty of swag like sey na dem sabi pass
Is our president the same as the 36 state governors who are part & parcel of the federation

FG, states share $2.7bn from Excess Crude Account
OCTOBER 23, 2014

The country's revenue fell by N99.55bn in the month of September, thereby causing the three tiers of government on Wednesday to share N2.7bn that should have been transferred to the Excess Crude Account.

The Accountant-General of the Federation, Mr. Jonah Otunla, said the technical meeting of the Federal Accounts Allocation Committee that held earlier had suggested the sharing of the $2.7bn, which ought to have been transferred to the ECA that was established to provide a buffer for the country in the face of fluctuations in international crude oil prices.

Not satisfied with the revenue, which accrued to the Federation Account for the month of September, the Commissioners of Finance from the 36 states withdrew from the meeting and engaged in consultations for a few minutes before returning to the general FAAC meeting.

Upon their return to the meeting, they rejected the amount available for sharing and demanded for additional augmentation from the ECA.

More from: http://www.punchng.com/business/business-economy/fg-states-share-2-7bn-from-excess-crude-account/

To further buttress the above report =>

Nigeria says too much boom time oil savings spent on state governors
Nov 27, 2014

Nigeria's finance minister said on Thursday that a significant portion of the billions of dollars drained from the oil savings account over the past two years was distributed to powerful governors instead of being saved for a rainy day.

Nigeria, Africa's biggest oil producer, is grappling with financial difficulties owing to a 30 percent fall in the price of oil since June, which has added pressure on the government's already depleted fiscal buffers.

The central bank devalued the naira by 8 percent on Tuesday because it was running out of forex reserves with which to defend the currency.

The Excess Crude Account (ECA) had around $9 billion in December 2012, but it has since fallen to around $4 billion, Finance Minister Ngozi Okonjo-Iweala noted in a speech to capital market authorities. Most of the falls occurred during a period of record high oil prices, when oil savings are supposed to accrue.

More from: http://www.reuters.com/article/2014/11/27/us-nigeria-economy-idUSKCN0JB21E20141127

For how long shall we remain CLUELESS citizens beholden to the DECEPTIVE guile of our 36 state governors and 774 LGA chairmen as well federal & state legisLOOTERS

Nigerians,it is time for you to start drinking your oil. Let it keep falling till the oil becomes worthless!!

9jagoodman:
OH, Low Brains.
Some years back, there was flood everywhere. I still remember that these were the people that cried woof, that Nigerians will die of hunger. Did any one die of hunger? Even if Oil prices drop to $1 today, Nigeria that i know will survive. You guys fail to understand one thing about Nigeria, and that is why you can say anything without thinking. Sorry.....But THERE IS GOD IN THIS COUNTRY!

There is GOD in this Country
1: Nigeria is the only African country with the highest deaths of children under age 2 due to malaria There is GOD in this Country
2: We spent N40 Billion Naira on Water in 2014 and still yet Mai Ruwa and Pure Water is what 30-35 percent of the population survives on, only a mere 10 percent get access to Government water Nation-wide, 3 percent, have bore holes and the remainder of the nation drink from streams, There is GOD in this Country
3: So far we have had reported violent deaths from Boko-Haram/Fulani herdsmen and ethnic clashes totaling 143,000 thousand in 2014 alone There is GOD in this Country
4: Nigeria needs $2 billion in Q1 of 2015 to cushion the effects of Oil prices drop yet we have squandered over $60 billion between 2010 and 2014 There is GOD in this Country
5: Nigerians spent more than N200 billion between 2011 and 2014 buying property in the UK alone There is GOD in this Country


Please GOD have we not suffered enough and paid so much into your bank to get the best performance from you. haba Baba GOD you are no different from GEJ if this is all you can offer Nigeria in 60 dog-gone years